Indiana House Ag to hear HB 1193 to establish 10% tax credit for farm building insulated curtains on 1/25/11 January 25, 2011Posted by Laura Arnold in 2011 Indiana General Assembly, Uncategorized.
Tags: Indiana farm building insultated curtain tax credit
Posting Time:01/20/2011 12:00 PM
Agenda for : House Agriculture and Rural Development Committee
Tuesday, January 25, 2011
8:30 AM EST
Room 156-C, State House, Indianapolis, IN
Chairman : Lehe
Vice-Chair : Bacon
Baird, Davisson, Friend, Frye, Gutwein, Knollman.
Pflum R.M.M., Battles, Cheatham, Goodin, Grubb.
HB 1386 Commercial feed certification. (Lehe, Baird)
HB 1387 Commodity market development councils. (Lehe, Baird)
HB 1193 Tax credit for farm building insulated curtains.(Lehe)
Digest: Tax credit for farm building insulated curtains. Provides a tax credit against state tax liability for expenditures by a farmer for insulated curtains installed in a farm building located in Indiana. Provides that the amount of the tax credit is 10% of the cost of the insulated curtains and associated installation costs.
NOTE: The insulated curtain must have an R-value of at least three (3).
HB 1091 Exempt farm drainage components from sales tax.(Gutwein, Cherry)